Manager, Commercial Appraisal Reviewer

Webster Bank•White Plains, CT

2d•$110,000 - $125,000•Hybrid

About The Position

The Commercial Real Estate Appraisal Department is seeking to add a full-time Senior Appraiser to support the real property collateral valuation process at Webster Bank. The Commercial Appraisal Department is responsible for ensuring safe and prudent lending practices. The Senior Appraiser is responsible for supporting the Appraisal Department by analyzing and resolving complex appraisal issues, documenting results and assisting the Commercial Real Estate Appraisal Manager and department staff as needed. The position may require some minimal travel.

Requirements

Bachelor’s degree from an accredited higher education institution in related field required
State Certified General Appraiser license in good standing required
Knowledge of industry standards and practices, including compliance and regulations
Minimum 5 years of experience in commercial real estate appraisal/valuation or appraisal review experience; review experience within a regulated financial institution preferred
Must possess high attention to detail and accuracy
Strong analytical, customer service, verbal and written communication skills required
Computer/technology savvy with demonstrated proficiency in Microsoft Outlook, Word, Excel, Teams, etc.
Excellent time management skills with ability to prioritize in a fast-paced environment a must
Must be a self-starter with a demonstrated ability to take initiative and escalate issues when appropriate
Willingness to work hours required to meet irregular demands and deadlines
Ability to work on a team both in person and in a remote environment

Nice To Haves

MAI designation from the Appraisal Institute preferred
Experience with appraisal management software (i.e. C360, RIMS, etc.) preferred
Experience with financial modeling of commercial property types in ARGUS Enterprise software preferred

Responsibilities

Solicit bids for appraisal/valuation services as needed
Engage fee appraisers to complete appraisal/valuation assignments as needed
Independently review real estate appraisal/valuation reports in a timely manner; prepare Standard 3 review or compliance review as appropriate
Ensure appraisals are reasonable, supported, credible and prepared in compliance with federal and state regulatory requirements as well as professional appraisal standards
Ensure appraisals are prepared in conformance with Webster’s commercial real estate appraisal policies and procedures
Assist with internal and external audits as requested by Commercial Real Estate Appraisal Manager
Assist with ad hoc projects or analyses as requested by Commercial Real Estate Appraisal Manager
Continually expand knowledge of current topics, trends, and developments in commercial real estate valuation by attendance at industry events, seminars, etc.
Act as a resource for third-party appraisal vendors and appraisal management companies
Engage in regular communication with and serve as an advisor to Webster colleagues on appraisal and real estate valuation matters.
Maintain appropriate licensing through continuing education or further development through appropriate qualifying education.